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Inflation Accelerated Slightly in September to 1.1 percent
Tuesday 12 Octtber 2010 Zoom in | Print page
Bratislava, October 12 (TASR) - The year-on-year inflation rate in Slovakia accelerated slightly from 1 percent in August to 1.1 percent in September, the Statistics Office said on Tuesday.
Core inflation reached 1.3 percent in September, while net inflation equalled 0.5 percent. Compared to the previous month, September didn't see any change in consumer prices.
According to analysts, the y-o-y increase in prices was mainly caused by growing prices of alcohol and tobacco products - by 6.6 percent y-o-y. Consumers also paid considerably more for education - 4.5 percent, healthcare - 4.3 percent, and food and non-alcoholic drinks - 3.9 percent. Furniture prices fell by 3 percent, however.
Between January-September 2010, meanwhile, prices grew by 0.9 percent y-o-y. Compared to the second quarter, consumer prices in the third quarter didn't change overall.
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